Kennedy Capital Management LLC Grows Stake in Materion Corporation $MTRN

Kennedy Capital Management LLC boosted its position in shares of Materion Corporation (NYSE:MTRN) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 164,750 shares of the basic materials company’s stock after buying an additional 11,394 shares during the period. Kennedy Capital Management LLC’s holdings in Materion were worth $20,482,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthspire Advisors LLC boosted its stake in Materion by 2.9% during the fourth quarter. Wealthspire Advisors LLC now owns 3,219 shares of the basic materials company’s stock valued at $400,000 after buying an additional 92 shares during the last quarter. Pinnacle Associates Ltd. boosted its stake in Materion by 0.7% during the third quarter. Pinnacle Associates Ltd. now owns 13,045 shares of the basic materials company’s stock valued at $1,576,000 after buying an additional 95 shares during the last quarter. GAMMA Investing LLC boosted its stake in Materion by 22.3% during the fourth quarter. GAMMA Investing LLC now owns 604 shares of the basic materials company’s stock valued at $75,000 after buying an additional 110 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Materion by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 11,356 shares of the basic materials company’s stock valued at $1,411,000 after buying an additional 126 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in Materion by 69.8% during the fourth quarter. Hantz Financial Services Inc. now owns 360 shares of the basic materials company’s stock valued at $45,000 after buying an additional 148 shares during the last quarter. 93.56% of the stock is owned by institutional investors.

Materion Trading Up 0.6%

MTRN opened at $247.41 on Friday. The stock’s fifty day moving average is $196.14 and its two-hundred day moving average is $159.14. The company has a market capitalization of $5.15 billion, a P/E ratio of 67.60 and a beta of 1.08. Materion Corporation has a 52 week low of $76.09 and a 52 week high of $257.14. The company has a quick ratio of 1.32, a current ratio of 3.04 and a debt-to-equity ratio of 0.50.

Materion (NYSE:MTRN) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.24 by $0.03. Materion had a return on equity of 12.45% and a net margin of 3.99%.The company had revenue of $261.79 million for the quarter, compared to the consensus estimate of $479.03 million. During the same period last year, the business posted $1.13 EPS. Materion’s quarterly revenue was up 30.8% on a year-over-year basis. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. Analysts forecast that Materion Corporation will post 6.48 earnings per share for the current year.

Materion Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 28th were given a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, May 28th. This is a positive change from Materion’s previous quarterly dividend of $0.14. Materion’s payout ratio is 15.85%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MTRN. KeyCorp increased their price target on Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Materion in a research note on Wednesday, May 13th. Wall Street Zen lowered Materion from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Finally, Robert W. Baird began coverage on Materion in a research note on Wednesday, April 1st. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Materion presently has a consensus rating of “Moderate Buy” and an average price target of $237.00.

About Materion

Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.

Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.